HR in a world of startups
We live in a startup world and nowhere is this more evident than in the Middle East and other emerging markets. Across the developing world, young people especially are using their creative energy to start and build businesses in every sector; the time is right for them. Despite conflicts and still-fragile economies, there is a growing middle class who are desperate for new, home-grown and innovative products as well as services that are designed for them and the way they live their lives. Such startups are able to give them exactly what they want.
Startups identify needs and fill this gap in the market; they are people-centric. But what about the people who found and run these businesses? At what point do you stop thinking as individuals and start behaving like a growing business? When do you start thinking about building the foundations that will enable your business to stand the test of time? And when do you start turning your attention to HR?